The Reserve Bank of Australia, following a directive from the Australian Government
under the Banking (Foreign Exchange) Regulations 1959, currently administers
financial sanctions against certain ministers and senior officials of the
Government of Zimbabwe.

At the direction of the Australian Government, the Reserve Bank has expanded the
list of individuals restricted by these financial sanctions to include new
members of, and persons associated with, the Government of Zimbabwe. Under
this directive 127 individuals have been added to the Annex of names.

All transactions involving the transfer of funds or payments to, by the order of,
or on behalf of such persons are prohibited.

UPDATE: On 7 March 2012, responsibility for the administration of Australia's autonomous financial sanctions was
transferred from the RBA (under the Banking (Foreign Exchange) Regulations 1959) to the
Department of Foreign Affairs and Trade (DFAT) (under the Autonomous Sanctions Regulations 2011).
This change was announced in RBA Media Release No 2012-05.
As a result, the content of this media release is no longer current and any accompanying annexes and/or attachments have been removed.
For all enquiries about Australia's autonomous financial sanctions regime, including the current list of sanctioned individuals
and entities, refer to the
DFAT website.